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November 16, 2023

E-commerce Policy, rules to be notified immediately after return from US : Piyush Goyal to CAIT

Export - Import, Business, COMMERCE, Trade, Trending News
NEW DELHI : E-commerce Policy : The Central government will soon announce the long pending E-commerce Policy and E-commerce Rules for the country, Commerce Minister Shri Piyush Goyal told Confederation of All India Traders’ (CAIT)
November 16, 2023

Elon Musk apologises for not meeting Piyush Goyal at Tesla Factory, in California

Trade, Business, COMMERCE, Global Trade, Trending News
CALIFORNIA : World’s richest man and Tesla CEO Elon Musk has apologised to India’s Commerce Minister Piyush Goyal for not being able to be with him during a visit to the company’s factory in Fremont, California. The billionaire said it
November 16, 2023

CWIT first phase likely to be operational by Dec 2024 : Karan Adani

Ports, Company, Container Terminal, Logistics, Trending News
COLOMBO : The first phase of Colombo West International Terminal (CWIT) is likely to be operational by December 2024, Adani Ports and Special Economic Zone (APSEZ) Whole Time Director and CEO Mr. Karan Adani
November 16, 2023

Visakhapatnam Port achieves record 50 MMT cargo handling volume in just 228 days

Export - Import, Maritime, Ports, Trade, Trending News
VISAKHAPATNAM : Visakhapatnam Port Authority (VPA) on Wednesday said it has set a record by handling 50 Million Metric Tonnes (MMT) of cargo handling in just 228 days in FY24. The port surpassed its
November 16, 2023

IFSCA seeks nod to permit foreign flag ships to operate from GIFT City

Shipping, Economy, Global Trade, Maritime, Shipping Line, Trade, Trending News
GANDHINAGAR : The International Financial Services Centres Authority (IFSCA) has sought the intervention of the Directorate General of Shipping (D G Shipping) to permit foreign flag ships to operate from the GIFT City, Gujarat
November 16, 2023

Railways set to cross 1.5 lakh crore on freight push

Logistics, Railway, Trending News
NEW DELHI : Indian Railways’ revenue is set to cross Rs 1.5 lakh crore on Wednesday, a day after earnings from freight hit the Rs 1 lakh crore mark. While overall revenues climbed 6.5%
November 16, 2023

DFCCIL opens bids for 2 multi-modal cargo terminals under GatiShakti

Logistics, Trending News
NEW DELHI : State-run Dedicated Freight Corridor Corporation of India Limited (DFCCIL) opened bids for the development of two cargo terminals under GatiShakti on Tuesday — one at New Marwar station in Pali district
November 16, 2023

India signs deals to export 500,000 tons of new season Basmati Rice

EXPORT, Trade, Trending News
NEW DELHI : India has signed contracts to export about 500,000 metric tons of new season basmati rice to cash in on robust demand from top buyers in Europe and the Middle East, traders said on Wednesday. India annually exports more
November 16, 2023

Thailand pitches $28 Billion game-changing Sea Route to link Asia-Pacific with India and Middle East

International Shipping, Maritime, Trade, Trending News
BANGKOK : Thailand is proposing a groundbreaking multibillion-dollar initiative aimed at significantly reducing shipping times between the Indian and Pacific oceans by circumventing the Malacca Strait, one of the world’s busiest sea routes. Prime
November 16, 2023

Panama’s drying canal menaces global fuel markets

Trending News, International Shipping, Maritime, Shipping Line, Trade
PANAMA CITY : A vital conduit of global trade is running dry. The Panama Canal is being hobbled by a lack of rainfall, which has dried up a key lake that supplies the artery.
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